in this issue
Regions :: Middle East
Sipchem and Sahara sign framework agreement to progress merger talks
July 30, 2013 | Natasha Alperowicz
Saudi International Petrochemical Co. (Sipchem; Al Khubar) and Sahara Petrochemicals (Riyadh) say that they have today entered into a non-binding framework agreement, which sets out the process for the 2 companies to progress discussions and negotiations for a possible merger. The companies announced on 4 June 2013 that they are studying the feasibility of a possible merger. The framework agreement expires on 31 January 2014 and the expected timetable for assessing the feasibility of the merger remains approximately 5 months from the first announcement. ...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee